This morning, due to the drop in the probability of interest rate cuts in December, the coin price experienced a significant dip. After a major pullback, there was no noticeable rebound during the day. The significant pullback this morning placed considerable pressure on the long positions' momentum. This evening, following the rhythm of the US stock market, the coin price again showed a retracement trend, testing the lowest point below 84,000. The current price is fluctuating around 84,000. I adjusted my direction in line with the market data this morning, reminding everyone that the market trend has quietly changed. We have turned bearish. The evening's market movement also precisely confirmed this. A new week begins, and our grasp of the market data and judgment of the trend remains consistently accurate. If you haven't been able to navigate the relatively simple and friendly market conditions recently, you might want to follow Zhi Yu's approach and rhythm.

Looking at the four-hour chart of Bitcoin, after a rapid drop in coin price due to a large bearish candle, the price has gone through a simple consolidation during the day and is now showing another large bearish candle pulling back quickly, forming a strong oversold state again. The current K-line formation is gradually establishing a strong downward structure, with the Bollinger Bands opening sharply downward. Although there is a significant demand for rebound repair in the current market data, given the stage where bullish energy is being strongly suppressed, it is still difficult for the coin price to have a strong rebound in the short term. In the short-term hourly chart, after a rapid decline testing the lower band, the coin price rebounded slightly with small consecutive bullish candles for repair and consolidation, but once again showed a large bearish candle quickly retracing. The current coin price is accelerating downwards towards the lower band, and the KDJ three-line indicator at the hourly level has formed a death cross again, accelerating downward divergence. Currently, the bearish trend strongly dominates the market, so in the short term, unless a strong bullish signal appears, the coin price still has a trend of further dips. The bearish outlook remains unchanged.
The BTC is short near 84500, pay attention to around 83000, the ETH is short near 2750, pay attention to around 2620. #十二月行情展望